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Vinery US To Be Offered For Sale

Wednesday, 29th August 2012

Dr. Tom Simon, who still "retains a small percentage" in Vinery Australia, has accepted the wishes of his adult children [who don't have the same degree of passion for the industry], and his Vinery US stud farm is consequently to be offered for sale. According to thoroughbreddailynews.com, the farm's president Tom Ludt stated: "We wanted to get the word out to anyone that might be interested in acquiring this sort of operation... Ideally, that's what we'd love to see. It seems like it will take about a year, because of the due diligence necessary." He added: "I really wanted to talk to all of our staff before the announcement was made. We're not closing; we're not dispersing. I went to New York yesterday and am at the Florida farm today." Vinery US's Kentucky property consists of 440-acres, while the organisation also has "satellite operations" in Florida & New York.